Canada sought to reassure Japan in TPP letter

The creation of a forestry committee and reassurance for Japanese companies were the reasons behind Canada’s side letter with Japan in the Trans-Pacific Partnership trade agreement, says Canada’s lead negotiator. Parts of the letter, which is not a legally binding...

Port traffic down as commodities continue to slump

Port traffic After a decade of growth, traffic through the port remained flat in 2015, according to year-end numbers released by Port Metro Vancouver on Thursday. While imports of container goods and automobiles grew (nine per cent in the case of the latter), a...

Low loonie a boost for Corner Brook newsprint mill

The low Canadian dollar is providing a boost for Corner Brook Pulp and Paper, but its parent company says profits are not soaring. Kruger Inc. vice-president Daniel Archambault said newsprint is sold in U.S. dollars, so the weak loonie is positive for exporters like...

B.C. forestry waste as a cash cow?

A B.C. First Nation wants to use wood waste from clear-cut logging to support aboriginal financial growth. The initiative attempts to solve several issues — the reliance of northern communities on fossil fuels; providing job opportunities for aboriginal residents; and...

COFI applauds BC Budget 2016

The Council of Forest Industries (COFI) congratulates the B.C. government’s tabling of its fourth consecutive balanced budget today. The budget provides critical funding to enhance forest management, rural development and long-term market access. “The government is...